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CITIC Securities: CXMT's IPO Application Gains Approval, Showing Optimism Towards Domestic Memory Industry Chain Investment Prospects
2025-12-31 /
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Author：小编
According to a research report from CITIC Securities, the IPO application of CXMT—China's largest DRAM memory manufacturer—has received regulatory approval. Based on the prospectus, CXMT's profits in Q4 2025 outperformed market expectations, and its technological advancements are accelerating, enabling it to close the gap with global leaders in the field. CITIC Securities anticipates that CXMT's market debut will spur capacity expansion and further boost the localization rate of equipment. The firm recommends keeping a close watch on CXMT-affiliated chip companies as well as beneficiary stocks within the industrial chain.
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